February 2017

Show me the Money!

“Education is the passport to the future, for tomorrow belongs to those who prepare for it today.”  – Malcolm X Our divided nation is filled with many people who justifiably believe tomorrow will be worse than today.  They vented their anger in the voting booth.  They went all in for massive change. We will have…

Where the Hindenburg Meets the Titanic

“Consumers are not equipped to make these choices. Information asymmetry has been used as a weapon against them for decades.” Josh Brown Some large insurers have created the nitroglycerin of investment products – The Buffer Annuity. This monstrosity of complexity is a variable annuity that does not use mutual funds in its sub-account. Instead it places…

The Meryl Streep Of Financial Salespeople

Imitation is supposed to be the highest form of flattery. This is not the case when your supposed “financial advisor” decides to imitate you! It is an established fact that financial salespeople selling high-fee variable annuities do not act in their clients best interests. They often walk on the wrong side of morality in order…